Search results for "ALEX"
23:43

PayPal CEO: The popularization of stablecoins in the US market will still take a long time.

Golden Finance reported that PayPal CEO Alex Chriss stated during an interview with Bloomberg Television on Thursday that the adoption of stablecoins in the U.S. market still faces significant barriers and will take a long time to achieve. Chriss explained, "From the consumer's perspective, there is currently no real incentive to drive the adoption of stablecoins, which is why we are starting to launch products like rewards mechanisms and begin to incentivize users in these ways."
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ALEX1.07%
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13:10

Hypersphere, an encryption venture capital firm, lost "years of savings" in a fake Zoom meeting.

PANews June 19 news, according to Cointelegraph, encryption venture capital Hypersphere investment partner Mehdi Farooq revealed on the X platform that he fell victim to a phishing attack via a fake Zoom meeting, resulting in six Wallets being emptied and losing years of savings. The attack began when an acquaintance "Alex Lin" contacted him via Telegram, requesting to switch to Zoom under the pretext of Compliance.
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ALEX1.07%
11:01

Former Celsius CEO Mashinsky will face a ruling on fraud and manipulation of Token prices on May 8.

Gate news bot message, according to documents from the New York District Court, the sentencing date for former Celsius CEO Alex Mashinsky is set for May 8. Mashinsky must face the court's judgment regarding charges of fraud and manipulation of the CEL token price. Mashinsky was arrested in July 2023, facing multiple charges including commodity fraud and securities fraud. In December 2023, he pleaded guilty to one count of commodity fraud and one count of price manipulation, with a maximum sentence of 20 years in prison. The sentencing, originally scheduled for April 8, was postponed by a month due to the defense needing to submit additional evidence. According to TheBlock, Celsius managed $13 billion in customer deposits before filing for bankruptcy, which the company announced during the downturn of the cryptocurrency market in 2022.
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ALEX1.07%
CEL-2.37%
06:06

U.S. prosecutors submitted over 200 victim statements accusing former Celsius CEO.

U.S. federal prosecutors have charged Celsius Network founder Alex Mashinsky, submitting 200 victim statements, alleging he engaged in commodity and securities fraud. Mashinsky has pleaded guilty and could face 30 years in prison. Victims are seeking the maximum sentence, while the defense team is requesting no more than 366 days of incarceration. Sentencing will be announced on May 8.
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CEL-2.37%
ALEX1.07%
17:06

Affected by the weakening inflation in the United States and economic Fluctuation, the price of gold continues to hit new highs

Affected by the weak US inflation data and stock market Fluctuation, the price of gold futures has repeatedly hit new highs, approaching the $3000 mark. Analysts expect that the price of gold may continue to pump, driven by economic weakness and global inflation slowdown. A strong US dollar is usually unfavorable for the price of gold, but currently the price of gold is pumping in the case of a strong US dollar, as investors turn to gold as a safe haven asset. Weaker-than-expected US inflation data has boosted hopes of a Fed rate cut, further driving up the price of gold.
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ALEX1.07%
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14:45

Tariff uncertainty, rate cut bets help gold hit new highs again

On March 13th, Jinshi Data reported that the price of gold pumped on Thursday, once again hitting historical highs during the US session, breaking through $2960 per ounce due to the uncertainty of tariffs rising, and the market betting that the Federal Reserve will loosen monetary policy, keeping the attraction of gold strong. Alex Ebkarian, Chief Operating Officer of Allegiance Gold, said, "Gold is currently in a long-term Bull Market. We expect the price of gold to trade between $3000 and $3200 this year." President Trump's latest trade policy has helped gold pump 12% so far this year. In the midst of geopolitical and economic turmoil, gold is a favored asset for investors. In addition, data from the US Department of Labor shows that PPI unexpectedly remained unchanged in February, while CPI accelerated by 0.5% in January and pumped by 0.2% last month. Meanwhile, initial jobless claims in the US fell last week, but government spending was significantly cut and trade wars escalated.
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ALEX1.07%
TRUMP-2.39%
04:04

Analyst: It is recommended to switch from ETH to high beta AltCoin. If the market pumps, significant excess returns will be obtained.

ChainCatcher news, according to Cointelegraph, the ETH/BTC ratio has dropped to the lowest level since mid-2020. Economist and cryptocurrency trader Alex Kruger said: "If you still hold ETH, now may be a good time to switch to high beta altcoins. If the market falls, losses in both scenarios may be comparable, but if the market pumps, you may get significant excess returns, and then you can switch back to BTC." Many encryption industry professionals see the ETH/BTC ratio "bottoming out" as a signal that the AltCoin season may be starting. Benjamin Cowen, founder of Into The Cryptoverse, said that to usher in the AltCoin season, "ETH/BTC needs to bottom out and start to pump.
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ETH-1.37%
BTC-1.06%
ALEX1.07%
03:51

Viewpoint: ETH/BTC ratio hits 5-year low, suggesting a shift to strong altcoins

The ETH/BTC ratio has dropped to 0.02281, hitting a near 5-year low. Economist Alex Kruger suggests investors sell ETH and switch to stronger-performing AltCoins for higher returns. Although the ETH/BTC ratio may signal the start of the AltCoin season, the current market still favors BTC dominance, with BTC's Market Cap share at 62.15%.
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BTC-1.06%
ALEX1.07%
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02:32

Nansen points system officially launched

Odaily Planet Daily News Nansen CEO Alex Svanevik announced on the X platform that it is now possible to stake Tokens on Nansen to earn Nansen points. The specific use of these points is currently unclear. The currently supported Tokens include: HYPE, TRX, SUI, SOL, RON, ATOM, TIA, DYDX, STRK, NEAR, TKX, BAND, KAVA, SKL, AKT, OSMO, CTK, APT.
ALEX1.07%
HYPE-3%
TRX0.6%
SUI-0.85%
08:21

Analysis: The latest conflict in Iran is just short-term noise, and one should cautiously grasp the timing to buy the dip.

BlockBeats news, on June 13, economist Alex Krüger published an analysis stating that "the latest confrontation between Israel and Iran should only have a short-term impact and does not open a new trend, it is merely short-term noise. It is more similar to the armed conflict between Israel and Iran in 2024, rather than a large-scale war. The question is when to 'Buy the Dips'. Looking back at the timeline of 2024: · April 12: Rumors spread, the market falls for the first time. · April 13: Iran fires missiles directly at Israel for the first time, the market falls again. · April 14 to 18: The market remains tense while waiting for Israel's retaliation. · April 18: Israel retaliates, taking restrained actions to avoid hitting major targets. The market soars. Both sides then announced a pause, returning to covert operations.
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ALEX1.07%
11:23

ALEX: The platform has encountered malicious activities and has suspended operations to ensure user safety.

PANews June 6 news, the DeFi protocol ALEX based on Stacks stated on the X platform that it is aware of malicious activities on the ALEX platform. Our team is working hard to control the situation and mitigate further impact. We are closely cooperating with Centralized Exchanges (CEX), and part of the stolen funds has been traced to these platforms. To ensure the safety of all users, all platform activities have been suspended. A complete post-incident analysis will be released as soon as possible.
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ALEX1.07%
07:25

JPMorgan: The weakening of the US dollar provides more room for maneuver for emerging market Central Banks.

Jin10 data reported on April 11, MSCI Emerging Markets Currency Index reached a one-week high on Friday. Alex Wolf, Head of Asian Investment Strategy at JPMorgan Private Bank, stated: "Against the backdrop of trade slowdown, the overall weakening of the dollar has clarified the monetary policy outlook for central banks in emerging markets. Due to global investors' disappointment with the exceptionalism of the U.S., capital outflows have driven the dollar weaker, which has boosted emerging market currencies (with a few exceptions), providing more room for central banks to formulate policies."
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ALEX1.07%
WOLF-4.7%
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08:32

Analysis: The crypto market has not yet broken through the 200-day MA, a strong breakout above the $2.9 trillion level could trigger positive buying.

Bitcoin and other major crypto assets fell more than 3% in the Asian morning session, mainly due to profit pullback. Research from Derive.xyz shows that the probability of Bitcoin breaking through $100,000 has increased to nearly 30%, while the probability of Ethereum staying above $2,000 is 50/50. FxPro analysts are focusing on Bitcoin's support level at $80,000, with a strong break through this level potentially stimulating a buying phase, but there is also the risk of a short positions trap. This level is seen as key to maintaining Bitcoin's momentum, which could reignite buying interest in alts and meme coins.
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BTC-1.06%
DRV1.3%
ETH-1.37%
ALEX1.07%
05:31

Data scientists: The encryption prediction market Polymarket has an accuracy rate of up to 90% for predicting world events.

Research by data scientists shows that Polymarket has a high accuracy rate when predicting events, with an accuracy of 90% for events a month out and even reaching 94% four hours before the event occurs. The study found that Polymarket slightly overestimates the probability of events occurring in most probability ranges, possibly influenced by herd mentality, low liquidity, and participants' preference for high-risk bets.
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ALEX1.07%
00:52

The SEC has sued Unicoin and three executives for securities fraud, involving more than $100 million.

Gate News bot message, the SEC ( filed a lawsuit against New York's Unicoin Company and its three executives on May 20. The defendants include CEO Alex Konanykhin, former president Silvina Moschini, and former chief investment officer Alex Dominguez. The SEC lawsuit document points out that Unicoin issued token-related rights certificates and stocks without registering as securities. The company claimed that the tokens were backed by billions of dollars in real estate assets and stated that sales exceeded $3 billion. However, the SEC investigation revealed that the company's actual asset value was far below the claimed amount, with actual fundraising reaching only $110 million, involving over 5,000 investors. The SEC is now seeking a permanent injunction from the court and requesting the recovery of illegal gains and civil penalties, while three executives are facing director bans. Source: Wu Says
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ALEX1.07%
00:03

xAI has reached a cooperation with TWG Global and Palantir to jointly promote the AI transformation in the Financial Service industry.

PANews May 7 news, according to the official announcement from xAI, it has reached a strategic cooperation with TWG Global and Palantir Technologies, aiming to reshape the path for financial service providers to adopt AI and scale technology development. The three parties will engage in in-depth cooperation in the design and deployment of enterprise-level AI solutions. This cooperation was announced at the Milken Institute conference, with Palantir CEO Alex Karp and TWG Global co-chair Thomas.
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ALEX1.07%
23:27

Project Eleven, a quantum computing research company, is offering a reward of 1 BTC for those who can crack Bitcoin's encryption algorithm

For the first time, Project Eleven held a "Q-Day Prize" to reward the first team to successfully crack an ECC key on a quantum computer using the Shore algorithm, and offered 1 Bitcoin as a reward. The company notes that quantum computers could expose cryptocurrencies such as Bitcoin to security risks, so it hopes to translate the potential threat of quantum computers into real-world models with this award. Quantum computing helps decrypt cryptocurrency security.
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BTC-1.06%
ALEX1.07%
02:12

ZKsync co-founder reaffirms that there has been no leak of code, contracts, or operator Secret Key.

ZKsync co-founder responds to the incident of the administrator account being hacked, emphasizing that the protocol has not leaked key information. ZK Token experienced abnormal issuance and dumping, with about 5 million dollars worth of tokens stolen, but user funds are safe. The incident was triggered by a stolen Secret Key, limited to the Token Airdrop contract, and an investigation is underway.
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ALEX1.07%
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02:01

ZKsync founder responds to security incident: no code or Secret Key leakage, will release complete investigation results.

ZKsync founder Alex Gluchowski released a statement on social media, emphasizing that no security vulnerabilities have occurred with ZKsync. The team is investigating the security incident and will provide a detailed explanation. He stated that the team still respects its legal commitments to investors, partners, and members, highlighting that ZKsync possesses ultimate security architecture.
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ALEX1.07%
07:22

Former Celsius CEO Alex Mashinsky and related entities are excluded from the bankruptcy asset distribution.

According to the latest ruling from the Bankruptcy Court for the Southern District of New York, the former CEO of Celsius, Alex Mashinsky, and his associated entities AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC have waived their claims to Celsius's bankruptcy assets. The court has determined that it will prioritize the return of funds to creditors, and the total claims of Celsius creditors have now exceeded $1 billion. According to a report from Cointelegraph, Alex Mashinsky has previously been sentenced to 12 years in prison for cryptocurrency fraud.
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ALEX1.07%
07:02

Judge: Alex Mashinsky will not benefit from the Celsius bankruptcy case.

According to ChainCatcher news and a report by CoinTelegraph, the Southern District Bankruptcy Court in New York has stated that Celsius's debtors have reached an agreement with former CEO Alex Mashinsky and related entities, prohibiting the distribution of Celsius's bankruptcy proceeds to the latter. The agreement allows Celsius's debtors to distribute the funds that were frozen due to claims made by Mashinsky. In May of this year, Mashinski was sentenced to 12 years in prison for fraud. So far this year, Celsius creditors have claimed over $1 billion in assets.
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ALEX1.07%
07:02

The court prohibits Alex Mashinsky from claiming asset distribution from the Celsius bankruptcy case.

Gate News bot message, former Celsius CEO Alex Mashinsky has agreed not to claim any assets from the Celsius bankruptcy proceeds. The U.S. Bankruptcy Court for the Southern District of New York stated in a motion submitted on Monday that the Celsius debtors have reached an agreement with Alex Mashinsky, AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC, prohibiting the distribution of Celsius bankruptcy proceeds to the latter. The agreement stipulates that the Celsius debtors can allocate funds frozen due to claims filed by Mashinsky and the three related entities.
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ALEX1.07%
00:44

Senior U.S. officials dismiss rumors that "the U.S. is attacking Iran"

According to Gate News bot, as reported by Jin10, in response to recent claims that "the United States is attacking Iran", Alex Pfeiffer, Deputy Assistant to the President and Chief Deputy Director of the Office of Communications, denied this. Pfeiffer stated clearly: "This is false information. The U.S. military remains in a defensive posture, and that has not changed. We will continue to protect America's interests."
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ALEX1.07%
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00:41

US officials debunk rumors that "the US is attacking Iran"

Jin10 reported on June 17 that there are reports of the United States attacking Iran. In response, Alex Pfeiffer, Deputy Assistant to the President and Chief Deputy Communications Director, stated that this is fake news. He said, "This is not true. The U.S. military maintains a defensive posture, and that has not changed. We will defend America's interests."
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ALEX1.07%
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06:14

Celsius founder Mashinsky protests the proposed 20-year sentence, with lawyers requesting it be reduced to 366 days.

According to news from the Gate.io News bot and a report by Cointelegraph, Celsius founder Alex Mashinsky has expressed objections to the 20-year prison sentence proposed by the U.S. Department of Justice. Mashinsky admitted in December 2024 to charges of commodity fraud and manipulating the price of the CEL Token, having made $48 million in profits by selling tokens prior to the collapse of Celsius. On May 5, his legal team submitted a response memorandum to the New York District Court, requesting to reduce the sentence to less than 366 days. The legal team pointed out that Mashinsky, as a first-time non-violent offender, has a flawless business record spanning 30 years.
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ALEX1.07%
CEL-2.37%
06:08

Celsius founder Mashinsky criticizes the 20-year sentence proposal: this is a death sentence.

The founder of Celsius is accused of fraud and manipulating token prices, facing 20 years in prison, which has sparked strong dissatisfaction. Alex Mashinsky is alleged to have earned 48 million USD in 2024 from the case and is currently requesting a sentence reduction to within 366 days. He admitted to the crime before Celsius filed for bankruptcy, with the case involving 4.7 billion USD in debt and losses for hundreds of thousands of users.
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ALEX1.07%
CEL-2.37%
07:52

The U.S. Department of Justice seeks a 20-year prison sentence for the former CEO of Celsius.

According to Gate.io News bot and a report by CoinDesk, the U.S. Department of Justice submitted documents to the court recommending a 20-year prison sentence for Celsius founder and former CEO Alex Mashinsky. The documents indicate that Mashinsky is accused of orchestrating fraud, resulting in customer losses of nearly $7 billion. In this case, Mashinsky has admitted to making false promises to clients, falsely claiming that deposits were safe while manipulating the price of CEL tokens for personal gain. The prosecution noted in the documents that this was a carefully planned fraud case that caused significant losses to clients and set a warning example for the cryptocurrency industry. Sentencing in the case will take place on May 8.
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ALEX1.07%
CEL-2.37%
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15:39

NYSE-listed company DDC announced the establishment of BTC reserves and appointed encryption as a market maker CEO as a strategic advisor

ChainCatcher news, NYSE-listed consumer food company DayDayCook announced that it will purchase 100 Bitcoins in the next three months and inject them into its financial reserves. The funds will be obtained from investors through the issuance of Class A common stock at a premium price ranging from $0.50 to $1.25 per share. The initial delivery of 25 Bitcoins will be completed within 30 days. In addition, Alex Yang, CEO of the crypto market maker Volmart, will serve as a strategic advisor.
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BTC-1.06%
ALEX1.07%
12:30

DDC announced the establishment of BTC reserves and appointed the CEO of the market maker as a strategic advisor

Odaily Planet Daily News New York Stock Exchange-listed consumer food company DayDayCook announced that it will purchase 100 BTC in the next three months and inject them into its financial reserves. The funds will be obtained by issuing Class A common stock to investors at a premium price ranging from $0.50 to $1.25 per share. The initial 25 BTC Delivery will be completed within 30 days. In addition, Alex Yang, CEO of the crypto market maker Volmart, will serve as a strategic advisor.
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BTC-1.06%
ALEX1.07%
06:38

Alex Lab will fully compensate affected users for the previous attack that resulted in a loss of 8.3 million dollars.

Gate News bot message, recently, the Bitcoin DeFi protocol Alex Lab based on Stacks suffered a second major vulnerability attack, resulting in the theft of $8.3 million worth of crypto assets. The protocol stated last Friday that it will fully compensate affected users using funds from its treasury. Users will receive separate notifications but must fill out a claim form before June 10 to receive the funds.
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ALEX1.07%
13:33

Analyst: If Bitcoin falls below $90,000, it may trigger a deeper pullback.

Bitcoin's price fell below $95,000 on Monday, influenced by macroeconomic uncertainty and the Federal Reserve meeting. Analysts warn that if it continues to fall, the support levels are at $92,500 and $89,000, and a drop below $90,000 could trigger a deeper pullback. Despite market fluctuations, Bitcoin ETF remains favored by institutions and retail investors. Long-term holders may exert selling pressure on the price, with unrealized profits reaching as high as 350%.
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BTC-1.06%
ALEX1.07%
13:28

Analyst: Bitcoin retests key resistance level, falling below $90,000 may trigger a dual technical and psychological blow.

According to BlockBeats news on May 5, CoinDesk reported that FxPro analyst Alex Kuptsikevich stated, "We have returned to a key resistance area, which served as a support level from last December to this February. The next downward targets are $92,500 and $89,000. If Bitcoin falls below $90,000, it will have an impact both technically and psychologically, and will also break below the 200-day moving average."
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BTC-1.06%
ALEX1.07%
13:07

Analysis: Traders follow the Federal Reserve meeting, the current key support levels for BTC are at $92,500 and $89,000.

Bitcoin's price has fallen below $95,000 due to macroeconomic uncertainty and expectations surrounding The Federal Reserve (FED) meetings, and it may further decline to $92,500 and $89,000. Despite the downward risks, there was still a net inflow of $1.81 billion into Bitcoin ETFs last week, indicating that investors remain interested. The market has returned to the key resistance area that acts as support, and it may subsequently decline to the levels of $92,500 and $89,000.
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BTC-1.06%
ALEX1.07%
14:00

Trump's tariff policy direction: signs of softening in negotiation stance

According to Gate.io News bot, it is reported that the Trump team has softened its tariff stance through diplomatic contacts and negotiations of actual interests with multiple countries less than a week after launching the reciprocal tariff policy. Analysts point out that Trump's core task before the midterm elections is to achieve political results, rather than face the risks of high inflation and falling stock markets. Source: "How to Understand Trump's Crazy Tariffs? Just His Bargaining Chips" (Author: Alex Xu)
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TRUMP-2.39%
ALEX1.07%
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02:15

DeFi protocol ALEX was attacked, resulting in a loss of 8.37 million USD, and has promised full compensation.

Gate News bot news, the DeFi protocol ALEX has encountered an attack event due to a vulnerability in the coin listing verification logic. In this attack, the ALEX protocol lost approximately $8.37 million in assets, including 8.4 million STX, 21.85 sBTC, 2.8 WBTC, and about $150,000 in stablecoin. The ALEX Lab Foundation has responded to this incident, announcing that it will fully compensate affected users in USDC. The compensation amount will be calculated based on the average on-chain price on the evening of June 6, and payment will be completed within 7 working days after confirming the relevant information. Source: Wu Says
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09:54

ZKsync founder: If Ethereum maintains its position as the "world computer", value will flow directly or indirectly to ETH.

Ethereum, as the world computer, has a product-market fit, with downstream applications like "Decentralized Nasdaq, SWIFT", but its network is the true moat. Ethereum is the foundational value internet, with trustworthiness and neutrality as core features, and in the future, it will serve as the secure underlying layer for a large, decentralized blockchain network. When its core advantages are realized, value will flow towards ETH.
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ZK-2.82%
ETH-1.37%
ALEX1.07%
12:03

Nansen CEO: SOL's stake market capitalization surpasses ETH

Odaily News Nansen CEO Alex Svanevik posted on the X platform that the "stake market capitalization" of SOL has just surpassed that of ETH. According to data disclosed by Alex Svanevik, the market capitalization of SOL stake reached 53.96 billion dollars, while ETH was 53.77 billion dollars.
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SOL-3.45%
ETH-1.37%
ALEX1.07%
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